The U.S. Department of Justice (DoJ) announced on Friday that ByteDance-owned TikTok will pay $400 million to settle a 2024 lawsuit accusing the company of violating child privacy laws in the country. As part of the settlement, the social media platform will pay $300 million immediately, and an additional $100 million "upon entry of an order vacating a prior consent decree entered against

This week, we tracked more than 45 tech funding deals worth over €684 million and over 5 exits, M&A transactions, rumours, and related news stories across Europe. If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox. ❗ Want to explore the data in more detail? The free, open-access Tech.eu Funding Explorer offers deeper insights into funding rounds, investor activity, company profiles and market trends. Either way, let's get you up to speed. ? Notable and big funding rounds ?? SoftBank invests $200M in robotics startup Gravis Robotics ?? Ingenico secures €150M in fresh capital ?? Rillet received a $100M investment at a valuation of $1B ??  Callosum raises $100M seed round ??‍?? Noteworthy acquisitions and mergers ?? The Munich-based investment firm Tiven is acquiring Sonnen, the battery storage manufacturer ?? Digital health startup Aepsy acquires Kinastic ?? Billion-dollar startup Dash0 acquires Berlin-based tech company Polar Signals ? Interesting moves from investors ? Defence tech investor and builder Gallos raises $50M ? QuantumLight Closes $500 Million Second Venture Fund to Back AI and Crypto Startups ? Venture studio led by ex-GCHQ & NSA leaders raises £35m ?? Billion-dollar startup Dash0 acquires Berlin-based tech company Polar Signals ?️ In other (important) news ? Monzo chairman Gary Hoffman to stand down after nearly eight years ? ‘A nervous system as a service’: Julian Teicke’s new bet on human connection ? Nebius looks to raise $4.5BN through bond issue ?? France's top-funded tech companies in H1 2026 ? Recommended reads and listens ?‍? At 14, Sasha Bagrov is building a safer marketplace for teenage odd jobs ? How the Marie Skłodowska-Curie Actions transformed research careers over 30 years ?‍❤️‍? Bootstrapped and profitable: Taimi and Hily set their sights on IPO readiness ??  Aisel raises €1.7M to tackle psychiatry’s capacity crisis ?? European tech startups to watch  ? Astute raises $1.2M and launches B2B new media platform ??  AI startup Guideless raises €1M to streamline software training ?? EcoNomad raises £400,000 to bring waste-to-energy tech to small livestock farms ?? Paralo raises £270,000 to tackle golf’s fragmented technology stack